“The biggest challenge in the IPO was renegotiating the prior contractual relationship and farm-in opportunities for the company in order to properly structure its public offer,” she said. “That’s regularly the case in an initial public offering.”

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Steele will continue her involvement with White Sands Petroleum following her appointment as a non-executive director of its board. She expects to bring a different perspective to the board and will be providing advice in relation to legal and regulatory compliance, as well as ensuring a high level of attention to corporate governance within the board.